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Author Topic: Bitcoin Credibility in shock  (Read 253 times)
pooya87
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March 25, 2020, 03:51:52 AM
 #21

~ the bitcoin price and I correlate with other fact and see bitcoin is not safe
bitcoin price being volatile or even being manipulated to some extent has nothing to do with bitcoin itself being safe or not! it is just price and it is the market that is still small and easier to manipulate yet it can not be "controlled".

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that Binance may get access to those stolen Bitcoin which was around 7000 Btc, but later on, after Binance talks to several professional people, they roll back and stop with the response from the Binance leader who said that we did not do because of advice from such people
there is always going to be idiots who don't understand how bitcoin works. they make all kinds of stupid statements, you shouldn't be taking them seriously.
the case of Binance owner is one of them. he has absolutely no understanding of how bitcoin works. he stupidly thought he could just call up miners and ask them to "roll back" some blocks thinking miners "control" bitcoin! he later one tried to cover it up pretending he changed his mind but the reality was that everyone laughed at his stupidity and lack of understanding of bitcoin despite all his pretending.

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senin
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March 25, 2020, 05:09:51 AM
 #22

Each participant in the cryptocurrency market has the right to make independent decisions regarding the cryptocurrency that he owns under the influence of a specific life situation and we cannot blame him for any actions he performs with the cryptocurrency. Whales are also the same participants in the cryptocurrency market, however, they are distinguished by the fact that significant amounts of cryptocurrency are concentrated in their hands and they can affect the market movement. Since whales own a decent portion of cryptocurrency, they are also not interested in harming the market, otherwise they may lose their funds. Whales only make this market more volatile by periodically lowering or raising it. Sometimes this even coincides with our desires. Therefore, I do not see anything harmful to cryptocurrency in their activities.
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